Global stocks slide after Fed, ahead of ECB
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CENTRAL BANKS SHIFT AWAY FROM US DOLLAR
By: WilliamC.Urban
Central Banks Lead Subtle Shift Away From Dollar Tuesday, November 3, 2009 4:42 PM Article Font Size NEW YORK -- Central banks with trillions of dollars in reserves that are already stepping up euro and yen purchases will likely continue doing so in
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- News Source: China Peoples Daily | about 1 month agoThe Federal Open Market Committee ends a two-day meeting Wednesday, with economists predicting the central bank will say it needs to keep borrowing costs low to sustain growth. Stocks also held gains as data from ADP Employer Services showed...
- News Source: The Economic Times | about 1 month agoAsian stocks rose ahead of the latest US payrolls report on Friday, expected to show the fewest job losses since August 2008, while oil prices recovered after a sharp drop on high US fuel inventories. The Australian dollar edged further above $0.91...
- News Source: Washington Post | about 1 month agoWorld stocks slid on Thursday following the Federal Reserve's decision to keep interest rates near zero for "an extended period" and ahead of policy decisions by the European Central Bank and Bank of England. The dollar climbed against major...
- News Source: International Business Times | about 1 month agoAsian shares fell on Thursday, while the dollar recovered most losses made after the U.S. Federal Reserve vowed to keep rates near zero for "an extended period" and saw a sluggish recovery in the world's biggest economy. European shares were set to...
- News Source: The Economic Times | about 1 month agoAsian shares dipped on Thursday, and the dollar fell after the US Federal Reserve vowed to keep rates near zero for "an extended period" and said the recovery of the world's biggest economy would be sluggish. The Fed's pledge to stick to a very loose...
- Blog Source: investorcentral.usRepeating to additional subscribers with no changes to text) * Asian shares dip after Fed offers cautious economic outlook * Dlr falls against Asian peers as US commits to low rates * Asian exporters hurt by rise in regional currencies ...
- Blog Source: www.sfexaminer.comThe stock market initially cheered the Fed's assessment of the economy on Wednesday, building on momentum stoked by better reports on activity in the service sector and private sector employment. Stocks failed to hold on to those gains, however, ...
- Blog Source: pennystockblog.usRepeating to additional subscribers with no changes to text) * Asian shares dip after Fed offers cautious economic outlook * Dlr falls against Asian peers as US.
- Blog Source: singaporebizz.comRepeating to additional subscribers with no changes to text) (read more here...)
- Blog Source: www.mrswing.comTraders/Investors are advised to let the profits run only in select stocks & use any correction as a buying opportunity. One should make long positions on every dip on stock specific basis. Market Commentary. Major indices ended mixed on Tuesday ...
- Blog Source: blog.taragana.comNEW YORK - US stocks posted mild gains Wednesday as the Federal Reserve kept interest rates at their record low of close to 0 percent.
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- Video Source: www.truveo.comThe Fed’s Next Move; Crisis ...Video Source: www.truveo.comThe Fed’s Next Move; Crisis On Wall Street
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